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Mercer County/Robbinsville/08691

08691

ZIPSAFMR
Mercer County, NJ
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$1,960$2,090
1 BR$2,220$1,970
2 BR$2,820$2,480
3 BR$3,450$3,470
4 BR$3,870$3,930
5 BR$4,451Not available
6 BR$5,118Not available
7 BR$5,886Not available
8 BR$6,769Not available

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMR$2,820
Market rentUsed$2,480
Est. payment standard (92%)$2,600
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.91
1 BR
1.13
2 BR
1.14
3 BR
0.99
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08691 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08691 (Robbinsville, NJ) is $2,820 a month. That is up 13.7% from $2,480 in FY 2026. Robbinsville is in the Trenton-Princeton, NJ MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 36 ZIP codes in Mercer County, 08691 has the 5th-highest two-bedroom rent (county range $1,760–$3,360). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08691 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08691
BedroomsFY 2027Change90–110% range
Studio$1,960+14.6%$1,764–$2,156
1BR$2,220+12.7%$1,998–$2,442
2BR$2,820+13.7%$2,538–$3,102
3BR$3,450+15.8%$3,105–$3,795
4BR$3,870+13.8%$3,483–$4,257

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08691
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,960$2,220$2,820$3,450$3,870
FY 2026$1,710$1,970$2,480$2,980$3,400
FY 2025$1,820$2,100$2,660$3,200$3,600
FY 2024$1,780$2,040$2,620$3,180$3,500
FY 2023$1,550$1,770$2,320$2,830$3,130

Two-bedroom rent in nearby Mercer County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08691
08610$2,090−25.9%
08611$2,030−28.0%
08618$1,760−37.6%
08619$2,370−16.0%
08620$2,070−26.6%
08628$2,310−18.1%
08629$1,820−35.5%
08638$2,250−20.2%
08648$2,790−1.1%
08650$2,240−20.6%
08690$2,380−15.6%
08691Current$2,820—

Questions about ZIP 08691 rents

How much will Section 8 pay for a two-bedroom in ZIP 08691?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,820, that basic range is $2,538 to $3,102 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 08691 in?

ZIP 08691 is in the Trenton-Princeton, NJ MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 08691 for FY 2027?

The two-bedroom FMR rose 13.7%, from $2,480 in FY 2026 to $2,820 in FY 2027. Since FY 2023 it has risen 21.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentRobbinsville, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources